Word: capitalisme
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This whole mess began in the first place, we're told, because of too little government. Those crafty capitalists on Wall Street should have had a heavier dose of regulation to keep them in line. Even the whole concept of free, liberal economies has come under attack. Some observers have...
A recent estimate by Merrill Lynch also expects a 3% point addition to growth next year. In other economies today, that kind of growth would be unachievable. Whatever stimulus package finally gets put in place in the U.S., for example, is unlikely to add even one percentage point fillip to...
The mushroom cloud was the symbol under which the mid-20th century was baptized. As the last great global tumult, the Second World War represented the convergence and the stratification of ideologies. But what hoisted itself above all of these intersecting faiths—above fascism, communism, capitalism, democracyâ?...
Beyond bioethics, Vatican officials generally view the incoming Administration's economic and foreign policies as a marked improvement over the past eight years, which included vocal criticism from Rome over the war in Iraq and skepticism toward the unfettered capitalism preached by Republicans. The possibility of an open clash over...
But Bush's last-minute preaching to the choir about the benefits of free enterprise isn't going to help minimize the damage caused by the global financial crisis. It is the potential for a unified response by the G-20 countries that will - like coordinating accounting standards, increasing transparency...